Hertz’s Tesla Fire Sale Continues As Depreciation Costs Mount
You can pick up a Tesla Model 3 previously used as a Hertz rental for under $20,000.
You can pick up a Tesla Model 3 previously used as a Hertz rental for under $20,000.
Hyundai will finally unveil its first three-row electric SUV, the IONIQ 9, at the LA Auto Show next week. With its debut around the corner, we are getting a sneak peek at the SUV’s “lounge-like” interior. more…
Plus, Trump prepares to take on California’s emissions rules, and we look at Elon Musk’s plans for our government.
UK-based brake and clutch supplier AP Racing has launched a new caliper designed specifically for EVs based on its Radi-CALTM technology. The new Radi-CALTM e, which increases low drag efficiency while improving braking performance, will be available off the shelf as a four- or six-piston system, taking inspiration from AP Read more
Norway-headquartered Evoy Vita, a manufacturer of electric boat motor systems, has partnered with Finnish boat manufacturer Axopar to supply its Evoy Storm 300+ hp fully electric outboard motors for Axopar’s AX/E electric sub-brand of leisure boats. The AX/E boats will be available in the US in 2025. The Evoy Storm Read more
UK-based Altilium is building a new EV battery recycling plant in Plymouth, as the company embarks on the next phase of its ambitious growth plans. The 18,000-square-foot facility will use Altilium’s proprietary EcoCathode technology to recycle old lithium-ion batteries from EVs and recover the critical metals needed to power new Read more
Standards Australia has instituted a new standard that will allow EV owners to begin using vehicle-to-grid (V2G) technology, The Driven reports. “If you’ve got a car with V2G capability and a bidirectional device, you could be using that car to power your house before the end of this year,” Federal Read more
Ford says a “rapidly deteriorating” EV market is to blame as it plans to slow the output of more electric models. Starting next week, employees at Ford’s Cologne EV plant in Germany will be put on short-term work hours. more…
This can’t be solved with a software update.
We say it all the time. Scaling is hard. However, that doesn’t appear to be an issue for Xiaomi Automobile, the new EV business arm of consumer electronics giant Xiaomi Corporation. According to a recent social media post by Xiaomi’s founder, the automotive division has built the 100,000th example of Read more